Braskem SA (NYSE:BAK)

$ 3.84 -0.09 (-2.29%) Market Cap: 1.53 Bil Enterprise Value: 9.43 Bil PE Ratio: 0 PB Ratio: 0 GF Score: 74/100

Braskem SA - ESG Day Transcript

Oct 10, 2022 / 12:30PM GMT

Release Date Price: $10.74 (+1.42%)

Transcript

Gustavo Checcucci

Good morning. Good morning, everyone. We are now resuming going back to the first moments of my presentation.

It's once again a pleasure to be here with you all today to talk about ESG and to talk about Braskem's pathway towards industrial decarbonization.

As Roberto has already mentioned, we have made significant progress in the past few years, and I do believe I can share with you some good insights on the matter.

Next slide, please. There you go. So what we have done throughout time, as Queiroz mentioned, we tried to put together a governance scheme to address net-zero level until 2050, and that's based around 3 pillars: emission reduction, number one, pretty much focused on efficiency gains in the energy industry and the use of low-carbon renewable energies.

Carbon removal also, which will also be addressed by Walmir as we move forward the morning and of course, also using renewable feedstock. And number three, to be able to use it as feedstock. All of that around the so-called Braskem's facilitators, which we will be focusing on in a moment.

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